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CVC to Hire Horn-Smith

Private-Equity Firm Taps Former Vodafone Official To Find Telecom Targets

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Dana Cimillua

Updated Feb. 25, 2009 12:01 a.m. ET

With &euro;16 billion burning a hole in its pocket, European private-equity giant CVC Capital Partners is looking for someone to help spend it.

CVC plans to announce Wednesday the appointment of Julian Horn-Smith as a senior adviser who will help its telecommunications, media and technology, or TMT, investment group hunt for new deals. In Sir Julian, 59 years old, CVC gets a telecomveteran with more than 25 years in the sector. Most notably, he was a founding member of Vodafone Group and the main architect of its international...